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American Express and its rivals are stocking up on tech talent

The overall technology sector may be downsizing, but American Express is bulking up for a cross-department innovation initiative, and Visa, Mastercard and Discover are hiring thousands of programmers and developers.

AmEx profits up 3%, but still sets cash aside for downt

Credit card giant American Express said its third-quarter profits rose a modest 3% from a year ago, despite a significant rise in revenue and spending from its cardmembers

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